OzzyO schreef op 22 oktober 2015 15:40:
Vale SA (ADR) (NYSE:VALE) was upgraded from Sell to Neutral at UBS, with the sell-side firm increasing its target price by 15 cents to $5.30, based on the reason that commodity prices will normalize in the near future.
Recently, the company announced a record 88.3 million metric tons of iron ore production for the third quarter of fiscal 2015 (3QFY15), having produced 248 million metric tons of iron ore production year-to-date (YTD).
Vale's stock traded 2.51% down at $4.47 as of 12:19 PM EDT, fearing an oversupply of iron ore. It trades in the 52-week range of $4.03–11.82 and has a 58.34% year-over-year (YoY) decline.
Link:
www.bidnessetc.com/55546-ubs-upgrades...Success allen,
Ozzy
PS: Dit kan ook zo maar met AM gebeuren na de cijfers.